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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (28673)3/15/2005 6:47:14 PM
From: patron_anejo_por_favor  Read Replies (1) of 110194
 
>>A little shock treatment now might be what the doctor ordered<<

It was just what the Doctor ordered in 1997 or maybe 2001...at this point this Ponzi scheme is going under no matter what. Higher rates fast would help get the snowball rolling downhill a little faster, so it might bring the bottom around sooner ultimately, but that ain't BubbleBoy's style. It was funny to hear him say that though, like he expected someone in the ClownGress to take ownership of the idea that "rates need to go up", so the blame for the ultimate denouement could be shifted to them and away from him (where it rightly belongs).
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